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<p>[QUOTE="Hommer, post: 2281672, member: 73266"]In my state not everything you purchase has the same tax rate applied to it. It may or may not be different in every state. There is a grocery tax, a beer tax, a unprepared beverage tax (fountain drinks and coffee), a cooked food tax ( deli), a regular state sales tax, a city tax and a county tax. Not all are applied to everything you purchase so the reason each department key on a cash register can and does calculate a different tax for that item. If you take the totals from that dept. ( which are separated on returns) and see that you owe taxes that weren't collected, something is amiss. You research it and realize that your price is just barely below the breaking point to collect another cent that will be owed if you sell 2 of that item. Believe me in a month's time a cent will add up. To remedy the loss you raise the price to just above the breaking point. You gain taxes. Again in a month across all departments, it adds up. Multiply that by a year, you can easily gain a bank note or lose one. What do you think smart business owners do?[/QUOTE]</p><p><br /></p>
[QUOTE="Hommer, post: 2281672, member: 73266"]In my state not everything you purchase has the same tax rate applied to it. It may or may not be different in every state. There is a grocery tax, a beer tax, a unprepared beverage tax (fountain drinks and coffee), a cooked food tax ( deli), a regular state sales tax, a city tax and a county tax. Not all are applied to everything you purchase so the reason each department key on a cash register can and does calculate a different tax for that item. If you take the totals from that dept. ( which are separated on returns) and see that you owe taxes that weren't collected, something is amiss. You research it and realize that your price is just barely below the breaking point to collect another cent that will be owed if you sell 2 of that item. Believe me in a month's time a cent will add up. To remedy the loss you raise the price to just above the breaking point. You gain taxes. Again in a month across all departments, it adds up. Multiply that by a year, you can easily gain a bank note or lose one. What do you think smart business owners do?[/QUOTE]
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